How has the pandemic affected spending, savings and debt in the UK’s largest cities and towns?

There have been numerous claims of households accumulating large amounts of savings during the pandemic as restrictions mean those working from home have limited ways to spend. This may total as much as £150 billion, according to the Bank of England.

This event presented our new research which shone a light on how these savings are distributed around the country, showing where people have saved more – and where they may have turned to debt to weather the storm.

Speakers were:

• Elena Magrini, Senior Analyst, Centre for Cities
• Clare Miller, Chief Executive, Clarion Housing Group
• Martin Reeves, Chief Executive, Coventry City Council
• Peter Tutton, Head of Policy, StepChange

This event was chaired by Andrew Carter, Chief Executive at Centre for Cities

This research and event were kindly sponsored by: